Create the desired components; LWF and LWF Employer, the Configurations should be as under:

Component
LWF
LWF Employer
Name
Labour Welfare Fund
Labour Welfare Fund Employer
Abbreviation
LWF
LWFER
Paid Component
Yes
No
Pay Type
Deduction
Statutory
Tax Status
Non-Taxable
NA
Calculation Type
Flat
Flat
Map To
None
None
Round off Value
Nearest to INR 1/-
Nearest to INR 1/-
Component Type
Variable
Variable
Is FBP component
No
No
Attendance Dependent
No
No
Part of CTC
No
No
Active
Yes
Yes
FFS component
No
No


Once created, both components to be allocated to all the Employees whose Payroll would be processed.

To update the amounts for LWF, please refer this link.


LWF Report Generation: Unlike the other Statutory Reports like PT, PF, ESI, etc, this option is not available in the application; and hence to be the figures in Monthly Salary Statement.


To Populate the LWF Employer contribution, ensure to select “Show Employer Contribution” checkbox.